AI powers Chinese tech hub Shenzhen’s smart city transformation (Voice_over) When AI is part of a city’s infrastructure, even a simple streetlamp can see, hear, and think. Along this stretch of …
Monthly Archives For January 2025
Beijing is subsidizing everything from microwaves to dishwashers to get people to spend more money
China broadened a home appliance subsidy program just as inflation data showed continued weak consumer demand.
Moderna Is Gambling on China as Other U.S. Companies Pull Back
The biotech’s efforts to bring its vaccines to the country mean navigating political pushback in the U.S. and the risk of intellectual-property theft in China.
China to Issue Central Bank Bills in Hong Kong Amid Weakening Yuan
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
Saudi crude oil supply to China set to fall in Feb vs Jan, sources say
Saudi Arabia’s crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, after the kingdom hiked its official selling prices to Asia for the first…
China bets on kitchen appliances to help boost economy
China’s top economic planning body has said the schemes, which were launched in March, have already produced “visible effects”. According to the country’s Ministry of Commerce, the policies have …
China Ramps Up Yuan Support With Record Hong Kong Bill Issuance
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to add demand for the currency overseas.
China bets on kitchen appliances to boost economy
China’s top economic planning body has said the schemes, which were launched in March, have already produced “visible effects”. According to the country’s Ministry of Commerce, the policies have …
China to Adopt Blockchain Technology for National Data Infrastructure by 2029
On January 6, Chinese authorities revealed plans to develop a comprehensive national data infrastructure, with blockchain technology positioned as a foundational element. The initiative seeks to …
HMPV symptoms after China sees surge in cases, how serious is it and should we be concerned?
The rise of the infection in China and reports of overwhelmed hospitals has prompted concerns about another pandemic similar to Covid-19, but experts say the risk is low …
What We Know About HMPV, the Common Virus Spreading in China
While cases are climbing in China, the situation is very different from what it was when Covid-19 emerged five years ago, medical experts say. HMPV has circulated in humans for decades.
DBS: ‘more vitality in capital markets’ is what’s needed to revive consumer and business confidence in China
Taimur Baig of DBS Group Research discusses the challenges facing the Chinese economy. He says Beijing’s stimulus measures so far haven’t been targeted at the right place, but China isn’t Japan in the …
Land sale record set in Shenzhen
According to official data, the deal set a new record for the highest total price for land transactions in Shenzhen, although only two bidders registered to participate in the auction for the land …
